The Business of Cannabis

Hemp Industry Can Now Do Business With Banks

Dec 4, 2019 | National

The number of banks in the United States willing to lend to hemp producers can be counted on one hand. That is about to change. Federal and state bank regulators announced Tuesday that they were scrapping a burdensome requirement that banks said kept them away from...

House Judiciary Committee Approves Landmark Marijuana Legalization Bill

Nov 20, 2019 | Feature, National

The U.S. House Judiciary Committee passed a bill Wednesday that would effectively make marijuana legal. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019 passed by a count of 24-10.  Rep. Jerrold Nadler (D-N.Y.), chairman of the...

Vote To Federally Legalize Marijuana Planned In Congress

Nov 17, 2019 | National

A key congressional committee plans to hold a historic vote on a bill to end the federal prohibition of marijuana next week, two sources with knowledge of the soon-to-be-announced action said. The legislation, sponsored by House Judiciary Committee Chairman Jerrold...

Marijuana Company Will Pay You $36,000 A Year To Smoke Weed Every Day

Nov 17, 2019 | National

A marijuana company is offering potheads the job of a lifetime, offering a lucky someone the opportunity to smoke weed every day, and pay them up to $36,000 a year for the privilege. Really. For some, it’ll sound too good to be true: can you really test a wide range...

Weed’s Waste Problem: The Perils of Plastic May Haunt the Cannabis Industry

Nov 17, 2019 | National

The cannabis industry has a major plastic problem. According to the non-profit Plastic Oceans International, the world produces 300 million tons of plastic every year. Half of that — 150 million tons — is for single-use purposes. While these issues clearly extend far...

Poll: 91 Percent Of Americans Say Marijuana Should Be Legalized For Medical Or Recreational Use

Nov 17, 2019 | National

Cannabis has been expanding its reach over the past several years in the United States, and with it, public opinion has, too, with two-thirds of America supporting the legalization of marijuana, according to a new poll at Pew Research Center. Just over half of U.S....